Information on Business Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Net Sales by Business Segment

Net sales by reportable business segment for the three and six months ended June 30, 2024 and 2023 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2024		2023		2024		2023
ACCO Brands Americas	$	292.3	$	336.4	$	489.5	$	566.4
ACCO Brands International		146.0		157.2		307.7		329.8
Net sales	$	438.3	$	493.6	$	797.2	$	896.2

Schedule of Operating (Loss) Income by Business Segment

Operating (loss) income by business segment for the three and six months ended June 30, 2024 and 2023 was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)	2024			2023			2024			2023
ACCO Brands Americas	$	(108.7	)	$	60.4		$	(102.6	)	$	72.7
ACCO Brands International		7.8			7.1			20.6			16.8
Segment operating (loss) income		(100.9	)		67.5			(82.0	)		89.5
Corporate		(10.3	)		(12.3	)		(23.3	)		(24.2	)
Operating (loss) income⁽¹⁾		(111.2	)		55.2			(105.3	)		65.3
Interest expense		13.8			15.5			27.1			29.4
Interest income		(2.2	)		(2.2	)		(4.1	)		(4.6	)
Non-operating pension expense		4.8			0.2			5.2			0.3
Other (income) expense, net		(0.2	)		(0.3	)		(0.8	)		1.5
(Loss) income before income tax	$	(127.4	)	$	42.0		$	(132.7	)	$	38.7

(1)Operating (loss) income is defined as i) net sales; ii) less cost of products sold; iii) less selling, general and administrative expenses; iv) less amortization of intangibles; v) less restructuring; and vi) less change in the fair value of contingent consideration.